Sun Art pursues life after Alibaba in China’s evolving retail landscape
Alibaba is negotiating with a potential buyer for its majority stake in the operator of RT-Mart hypermarkets, Sun Art said Key Takeaways: DCP Capital and Hillhouse are among the private…
BRIEF: Sun Art returns to profits on stabilizing business, cost cuts
Sun Art Retail Group Ltd. (6808.HK), operator of the RT-Mart supermarket chain, said on Tuesday it returned to the black in the six months through September, crediting stabilizing store traffic…
A supermarket David defeats Goliath in small-town China, outracing the times
With only a dozen stores in the Central city of Xuchang, Pang Donglai has become a modern legend for standing up to a flood of hypermarkets and online grocers Key…
Faded Sun Art seeks to shine again in China’s changing grocery market
The former hypermarket superstar warned it fell into the red last year, as online grocers continued to eat its lunch Key Takeaways: Sun Art lost 1.7 billion yuan in its…
Freshippo tries to rock the stodgy supermarket cart with youthful customers, growth story
The Alibaba-backed chain’s announcement of 12 new store openings kicks off a publicity drive in the run-up to an IPO by the end of 2023 Key Takeaways: Freshippo’s announcement of…
Recent Articles
RECENT ARTICLES
-
BRIEF: Alibaba to sell Sun Art stake, record $1.8 billion loss
9988.HK BABA.US 6808.HK -
Two Autonomous Driving IPOs, and Alibaba Sheds a ‘New Retail’ Asset
WRD.US 9660.HK
-
Alibaba’s Sun Art Sale, and a China-Kazakhstan Dual Listing
9988.HK BABA.US
-
Alibaba’s breakup in tatters, could 2025 be the year of asset shedding?
9988.HK BABA.US
-
Pop Mart scores big overseas hit with craze for cute toys
9992.HK
-
Miniso struggles to impress investors, even with a successful ‘toy story’
9896.HK MNSO.US
